kiribati, eventual home for the chinese pacific fleet?

Facts are correct.

The product was under the New American Ice Cream brand which was acquired by Tip Top along with the Auckland manufacturing plant in the late 1990's.

One particular product that New American sold (and I am dammed if I can remember the name of it) was determined cheaper to have manufactured in China after shipping over powdered milk, so Tip Top shutdown the plant for that particular item.  I don't actually recall if it was before or after the Fonterra acquisition, but it was probably before. 

Anyways, that fact is far less important than the fact that manufacturing is rediculously cheap in China, so much so that it is often cheaper to ship raw materials there and the finished product back.

Have a Goody Goody Gum Drop bar back at you (one of New American's weirder products).